New York University Partners With Two Of The Biggest Names In EdTech and Investing for NYU Steinhardt Edtech Accelerator powered by StartEd.
12 edtech startups are set to begin the NYU Steinhardt EdTech Accelerator powered by StartEd. This startup accelerator is strictly for education focused companies catering to K-20 across all areas of education. This cohort will participate in a ninety day program on the campus of NYU. Notably, the founders of each of these startups are exactly 50/50 male and female.
The accelerator received over 500 applications, primarily driven by NYU’s commitment to innovation and education, the reputation of global network StartEd, and a partnership with ReThink Education, a $15m venture capital fund devoted strictly to edtech.
The participating startups will all receive a $20,000 upfront equity based seed investment. They’ll also receive mentorship, workshops, introductions to key industry leaders as well as funding sources. Upon completion of the program all of the startups will have the opportunity to receive additional “follow on funding” from ReThink Education, of up to $170,000.
“NYU Steinhardt is at the intersection of education, technology, and entrepreneurship,” said Dominic Brewer, Gale and Ira Drukier Dean of NYU Steinhardt. “The accelerator is an exciting opportunity for our students and faculty to interact directly with startups and to collaborate on real-world, entrepreneurial ventures. And we are confident that Rethink Education’s investment in the new cohort will fuel even greater successes in the burgeoning edtech industry in NYC. ”
Here are the 12 innovative startups in this cohort.
Cognitive ToyBox, New York, NY: Research-backed games to assess and accelerate kindergarten readiness.
Compliance World, New York, NY: The world’s largest expertise on-demand platform that connects compliance professionals to experts.
Core Labs, New York, NY: A learner-first and Google Apps integrated software platform that is the easiest way to start or improve mentoring at any organization.
Invibed, New York, NY: A tech-based financial education company that makes successful money management a reality for young professionals through video lessons, customized financial plans, and one-on-one coaching.
KiraKira3D, San Francisco, CA: Teaching kids about engineering through our 3D modeling and 3D printing design app.
Localized, Washington, D.C.: Enabling universities in emerging markets to leapfrog over outdated career and alumni services models so students can find role models who share language, roots and cultural context and access to career guidance from top professionals.
MedAux, New York, NY: A HIPAA compliant patient education and messaging system among physicians, patients, and nurses working to fill the gap in patient education.
MoxieReader, New York, NY: A personalized reading growth plan that motivates young readers, leveraging modern fitness tracking analytics, social motivation techniques and blending the teachers classroom needs with a complete home and school independent reading system.
Quartolio, Long Island, NY: An AI-powered platform that accelerates research by connecting the dots across scholarly data and documents.
SecondAccent, New York, NY: Empowers English learners in “tuning” their accents for better understanding, greater confidence, and a higher degree of trust in their communications with colleagues and customers, using visual and audio recognition, accent assessment and video teaching from TV/movie celebrities.
Student Opportunity Center, Washington, D.C.: A platform for universities to connect students to real-world experiences.
Wonda VR, New York, NY: The all-in-one platform to create and publish next-gen learning and marketing experiences.
“Our startups have the talent, determination and limitless potential to reimagine the future of education,” said Ash Kaluarachchi, Co-Founder of StartEd. “Additionally, female founders account for 50 percent of the cohort and have an important opportunity to carry the torch for other women and underrepresented minorities to inspire more equity within the broader tech industry.”
This cohort will wrap up in December during NY EdTech Week with a Shark Tank style pitch event.